Board Resolution Agreement for Signing Contracts
I. Introduction
This Board Resolution Agreement for Signing Contracts authorizes specific individuals to sign contracts on behalf of [YOUR COMPANY NAME]. This document ensures the proper delegation of authority for entering into legally binding agreements.
II. Board Resolution
The Board of Directors of [YOUR COMPANY NAME] hereby resolves the following:
The individuals listed below are authorized to sign contracts on behalf of [YOUR COMPANY NAME], including but not limited to business agreements, vendor contracts, real estate transactions, loan agreements, and employment contracts.
This resolution is effective as of January 1, 2050 and remains in effect until revoked or replaced by another resolution.
III. Authorized Signatories
The following individuals are granted the authority to sign the specified contracts:
Name | Title | Type of Contract Authorized For | Effective Date |
|---|
Carmel Ryan | CEO | All Contracts | January 1, 2050 |
Dell Stokes | CFO | Financial and Loan Agreements | January 1, 2050 |
Etha Lehner | COO | Vendor and Employment Contracts | January 1, 2050 |
IV. Specific Contract Types
The authorized signatories may execute contracts in the following categories:
Business Agreements and Partnerships: Joint ventures, partnership contracts, and strategic alliances.
Vendor and Supplier Contracts: Procurement agreements, service agreements, and supply contracts.
Real Estate Transactions: Lease agreements, property sales, and real estate acquisitions.
Loan and Financial Contracts: Securing loans, lines of credit, and financial guarantees.
Employment and Executive Contracts: Executive hiring, compensation agreements, and senior management contracts.
V. Scope of Authority
The signatories may act on behalf of [YOUR COMPANY NAME] within the scope of the following:
Execute and amend contracts and agreements as necessary.
Negotiate terms and conditions for contracts.
Ensure compliance with company policies and applicable laws.
Manage any disputes or amendments arising from signed contracts.
VI. Effective Date and Duration
This resolution is effective from January 1, 2050, and will remain valid until December 31, 2050, or until further resolution by the Board of Directors.
VII. Confirmation
This resolution is certified by the undersigned Board Members of [YOUR COMPANY NAME], and they acknowledge that the authorized signatories have been properly designated to execute contracts on behalf of the company.
Board of Directors:
Name | Title | Signature | Date |
|---|
Carmel Ryan | Chairwoman | 
| January 1, 2050 |
Dell Stokes | Board Member | 
| January 1, 2050 |
Etha Lehner | Board Member | 
| January 1, 2050 |
VIII. Conclusion
The Board Resolution Agreement for Signing Contracts serves to formalize the authorization of specific individuals to act on behalf of [YOUR COMPANY NAME]. It ensures clarity and proper governance in executing essential business agreements.
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
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